AUDUSD Daily Analysis – November 3, 2014
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8910.
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8910.
The AUDUSD pair bounced during the course of the day on Thursday, but still remains trapped in the basic consolidation that we have seen for some time now.
AUDUSD moved sideways in a range between 0.8642 and 0.8898.
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898.
The AUDUSD pair tried to rally during the course of the day on Thursday, but found the 0.88 level be far too resistive and therefore turned back around and form a shooting star.
The AUDUSD pair tried to break out above the 0.88 level yet again, but on Wednesday found the sellers more than willing and up to the task of keeping the markets down.
The AUDUSD pair did almost nothing during the session on Monday, testing the 0.88 level above for resistance.
AUDUSD stays in the trading range between 0.8642 and 0.8898.
The AUDUSD pair fell during the course of the day on Thursday, but found enough support to turn things back around and form a hammer.
The AUDUSD pair broke higher during the course of the day on Wednesday, clearing the 0.88 level but not clearing the resistance above.